ARCF IV Participates in US$5.7 million Registered Direct Offering
Globe Newswire•02/10/2026•19:53 ET
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Key Highlights
- ➤ARCF IV invests US$1,299,999.68 in Largo (LGO) offering
- ➤ARCF IV buys 2,321,428 Units at US$0.56 each
- ➤Each Unit includes one share and one five-year US$0.70 warrant
- ➤ARC Group reaches 30.64% non-diluted Largo ownership
- ➤ARC Group would hold 35.01% on a partially diluted basis
Expert Statements
J. Alberto Arias, Director of Arias Resource Capital Fund IV L.P.
“The ARC Funds currently have no other immediate plans or intentions to acquire or dispose of securities of Largo, but depending on market conditions, general economic and industry conditions, trading prices of securities of Largo, Largo’s business, financial condition and prospects and/or other relevant factors, the ARC Funds may develop such plans or intentions in the future.”
For dissemination in Canada and over Canadian news services only
TORONTO, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Arias Resource Capital Fund IV L.P. (“ARCF IV”) announced that it has agreed to invest US$1,299,999.68 (the “Investment”) in units (“Units”) of Largo Inc. (“Largo” or the “Issuer”) (TSX: LGO) (NASDAQ: LGO). This transaction is part of Largo’s previously announced US$5.7 million registered direct offering (the “Offering”).
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